Fresh Takes & More from David Lubell
Los Angeles Residential Real Estate Prices: An Early 2018 Forecast (sort of)
People ask me all the time: “are we in a bubble?” Or they’ll comment: “prices have to come down soon.” Despite the image above, I really don’t have a crystal ball — nobody does. But I do think there may be more room for prices to continue rising for the near term. Even though prices have now reached or [...]
820 N Vista
Ilove the various Mediterranean revival style houses that were so prominent in Los Angeles during the 1920’s and 1930’s — indeed, they are suited to our climate. My former business partner and I recently built this house from the ground up in the Melrose District, and it takes its design cues from the neighborhood, albeit on [...]
Hancock Park Real Estate
What/Where constitutes Hancock Park Real Estate ? As a real estate agent in Los Angeles, clearly defining neighborhoods can be a bit challenging. Sometimes perception and reality differ. “Hancock Park” is a rather general term for much of the large area bounded on the west by La Brea Avenue, Western Avenue to the east, Olympic Boulevard to the south, [...]
What You Should Know About Buying a Home Located in an HPOZ
French Provincial home in the Los Angeles neighborhood of Hancock Park, an Historic Preservation Overlay Zones (HPOZ) Los Angeles has always been regarded as a city without much sense of history. This is simply a convenient way for old-fashioned east coasters and mid-westerners to feel better about their crummy weather. It is true, however, that [...]
Opportunity for California Property Tax Relief for LA Residents
If you’re 55 or older, our state has a very nice gift for you!! Buy a new house and pay the same low California property tax that you do on the home that you’ve owned for years. The California Revenue and Taxation Code 69.5, enacted by voters under Propositions 60 and 90, allows homeowners over 55 years old to [...]
Buying a Duplex in Los Angeles – A Good Option
Los Angeles has a wide variety of housing options, and one of my favorites is the duplex. Buying a duplex offers an economically advantageous option for many homeowners (and would-be homeowners) who desire to live in the heart of the city but need to avoid skyrocketing the property values. I live in a duplex myself, and this [...]
439 N Arden
This Larchmont new construction happened by accident — a fairly recent project I conceived and completed with a former business partner. The original 1920’s Tudor that was located on the site was supposed to be a renovation/restoration project. After three contractors said it could not be saved, plans changed. Italianate in design, the front facade is [...]